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Author Topic: Lets be careful on what we are investing  (Read 2311 times)
haroldtee
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March 26, 2018, 12:02:41 PM
 #41

Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.

http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/

People should be scared of shitcoins. That's the painful truth! There's so many crypto scams out there that it can be compared to walking on a minefield. To put your money in, profit and get out requires you to take a number of steps on the minefield and chances that you'll blow yourself up are high. People are lying to themselves thinking they can outsmart the scammers and that's how it ends: in tears.

A whole lot of them and it is no longer about trying to see if it is a project that can be feasible anymore, it is about making sure you are investing your funds in the hands of the right team which a lot of people do not, which even at that, nothing is guaranteed.
 
So many of them even use fake profiles, some usually do not have any achievements and then I see a lot of investors still investing in such projects. It is a risky space on its own and it seriously takes being extra careful to be able to play safe, while still having it at the back of your mind that investing in ICOs is more or less a gamble. Apparently, we cannot run away from regulations after all, as it seems it is the only solution here.

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March 26, 2018, 03:14:36 PM
 #42

it is true what you say it, if you want to invest must be careful, because it has been proven by deceived users. really pity the official crypto will decrease the user. because this is the result of the naughty swindlers who want to take advantage for themselves.

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March 26, 2018, 03:28:36 PM
 #43

If you are starting something, it’s a must to know what you are doing and how your are gonna do it at the very first place. You should have your own knowledge on it, not some advice from others. Thanks for posting. Surely, somebody will be benefited.
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March 26, 2018, 04:57:57 PM
 #44

unfortunately I have seen so many people investing their money just because a guy tells them to invest without doing any proper research by resulting and being vulnerable to those scammers .

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March 26, 2018, 05:03:28 PM
 #45

When I told my father about bitconnect when it hadn`t failed yet he told me that he has seen many times systems like this where they give you money monthly in different ways and in any case they were scams so I believe as soon as we don`t be careful those scammers will be able to come and make always the same tricks for fooling us and will be successful.
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March 26, 2018, 08:36:31 PM
 #46

Yes you are right, we must be careful in choosing the project we will invest ..Due to many scam projects, I've never experienced that.Following the bounty for 2 months and it turns out the project was a failed.
Exactly it is important to be concerned and to be careful about your investment because if you will not be careful then people will take away all of your money and you will not get any profit. Right now bitcoin is very good investment as you know with the passage of time new technologies are being invent and scammers and hacker are very active now so you should be possessive about your investment and try to protect your bitcoin to save for the long time after putting all your bitcoin in blockchain and forget about it for long time so will sell when it will be very high in price.
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March 26, 2018, 08:44:41 PM
 #47

Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.

http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/
If they think all crypto or ICO scams too, it means they do not think adult, they say it without doing research first. Because we know not all ICO projects are scam, so being cautious in investing is very important.

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March 27, 2018, 08:44:36 AM
 #48

This so true! There are many scams. Everyone must do thorough research before investing in a project. Look into the team, who are they? Who are they partnering with? Are these partnerships real? Are they attending summits and conferences? Is the team behind the project investing time and money into the project?
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March 27, 2018, 09:51:10 AM
 #49

Those who fall easily in scams are likely to be newbie in cryptos because they have limited knowledge or should I say lazy to do a research in the particular project and just follow other users who think it will likely to be a good ICO.

If we get scam its our fault because we are not careful enough to study the ICO before investing. Before taking any step its important to be aware of their plans, read the white paper and check the website and the team behind it there should be transparency.
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March 27, 2018, 10:03:25 AM
 #50

Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.

http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/
Indeed, before we make any move like investing we should know first the background of the developers and their platform though it is tough to know but still we should if we want a secure investment. Nowadays there's a lot of scammers are appearing unexpectedly and because of them cryptocurrencies are becoming notorious. In order to prevent these happening don't be fooled by those scammers.


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March 27, 2018, 11:23:11 AM
 #51

It doesn't seem to matter anymore what we are saying. If we look at how many years people have been warned for rogue investment opportunities, it clearly shows that people don't seem to care. I think aside from the newbies constantly jumping into anything they think allows them to make money, the real problem is the changed mentality of the already settled members of this crypto market. I noticed how people are perfectly aware of the risks, and how to seperate scams from legit sites and investment options, but that's not the thing anymore. The main point of importance is that people nowadays knowingly invest in obvious scams, because they think they are early enough to profit before the site or service goes down. How do you combat that? It's impossible....
Sometimes, I wonder if I am to call it nonchalant attitude or just some people trying to play the gamble card all because of their greed. Like you said, there are some projects that the handwriting is always all over the wall that it is a pure scam, and even if the hand writing is not there, there are some you will just know out rightly that it is a lot of risk to take.

Yes, no one can be extremely safe, but if some investors can be extra careful without just jumping into anything, I am sure; it would be a safer space for them.

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March 27, 2018, 11:33:50 AM
 #52

Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.

http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/

 Actually this is the first warning to new investors, there are project which is really hard to distinguish if it is legit and trusted or not, that is why if an investor has a concern to his/her money then He/She would be wise enough to decide. It's better to check first the background of the specific team and verify if the information given is accurate and most especially check the project if it's realistic or not.

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March 27, 2018, 02:16:34 PM
 #53

Hi, I have already invested in Celcius network, Salt lending, eth lend and want to invest in Welltrado. What do you think guys?
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March 27, 2018, 03:38:02 PM
 #54

Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.

http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/
This would been always part of the risk since we do know ICO investment do really have the tendency on getting failed or scammed along the way.You cant change the fact since there are really people who are greedy which they do all the possible things as long they can able to make money.They do see that ICO are one of the best ways to earn easy money to their investors.Creating a very unique project which can really caught attention but on the other side devs do already have the plans on scamming.
Yeah, the ICO space is a huge risk, but one way or the other, we just have to always be very careful when making the investment decisions which is why as long as I do not have anything it takes to believe the team, I would rather just wait for them to hit the ICO.

Now, that projects hitting the exchanges still always end up having a huge drop in price lower than the ICO, it even starts to make things interesting. Maybe now, we may see projects hitting exchanges before any investors start investing at all.


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March 27, 2018, 06:27:39 PM
 #55

Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.

http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/
This is true, there are so much great ICOs which could have eventually become popular and money-making, but didn't even manage to cover a soft cap. I think the only way for ICO's team to prove that they are not scams is investing a lot of money in their own project and show that they'll not spend those money, that may increase people's confidence in reliability of a project.
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March 27, 2018, 07:50:09 PM
 #56

Yes, we must carefully research the projects in which we are going to invest. But do not worry about people who are afraid to invest in cryptocurrency due to the fact that some projects are scams. If people do not want to spend their time studying the project, it's best for them do not invest money in the cryptocurrencies, they can get lucky 1 or 2 times, but sooner or later they will all lose.

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March 27, 2018, 10:01:27 PM
 #57

Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.

http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/
This is true, there are so much great ICOs which could have eventually become popular and money-making, but didn't even manage to cover a soft cap. I think the only way for ICO's team to prove that they are not scams is investing a lot of money in their own project and show that they'll not spend those money, that may increase people's confidence in reliability of a project.
Investors nowadays i do say is already smart compared in the past.There might be some being scammed by some projects but not totally rampant as way before.Team transparency should be always to look out because you can really make presumptions that the project they would handle would really progress.Its up to you if you would risk out your money or investment with them.Trust is also a factor together with some doubt or intuition.


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March 27, 2018, 10:54:06 PM
 #58

True, this is very helpful information. In investing we must be very careful in supervising and choosing investments, we must pay attention to several things before investing one of them is the authenticity of the investment, the legal basis used the investment, and the level of decentralization of the investment that you will follow. Those are some things that we should pay attention to when investing.
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March 27, 2018, 11:12:09 PM
 #59

Actually this is the first warning to new investors, there are project which is really hard to distinguish if it is legit and trusted or not, that is why if an investor has a concern to his/her money then He/She would be wise enough to decide. It's better to check first the background of the specific team and verify if the information given is accurate and most especially check the project if it's realistic or not.

Newbies should be more careful on investing because for sure they are still not aware about this markets and even they read everything about a specific ICO's for sure they will still confused. So if you really want to invest better to ask for someone's guide but don't just rely on that just keep on reading until you fully understand the concept. Let's be more careful on investing because a lot of scams are out there and we might lose our hard earn money if we not pay attention on that.
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March 28, 2018, 02:04:14 AM
 #60

Read this several minutes ago. We must be vigilant on what we are investing and must do some research or study first if the project that we wanted to join is legit or not. So sad that there are some ICOs who are just making money for their own sake. Because of this issues, people becomes scared of cryptocurrencies and thinks that other cryptos that are legit are scams too.

http://www.livebitcoinnews.com/denaro-ico-raises-8-7m-and-goes-up-in-smoke/
If they think all crypto or ICO scams too, it means they do not think adult, they say it without doing research first. Because we know not all ICO projects are scam, so being cautious in investing is very important.
yes, not all ICO projects are fraudulent. sometimes the money we invest in ICO projects can grow after the ICO can run successfully. but before making a decision to invest in ICO doing research is certainly very important to do, to avoid fraud by irresponsible parties that can generate profits only for personal gain, and projects undertaken have no future prospects.

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